The OECD and the European Commission DG REGIO launched the project "Measuring and Enhancing Subnational Government Finance for Environment and Climate Action in OECD and EU Countries" in 2022.
Tracking subnational government climate expenditure
Supporting subnational government climate actions requires having a comprehensive understanding of their financial role in the carbon neutral transition. However, despite the key role of subnational governments in climate action, the true scale of their financial role remains poorly understood, and significant data gaps related to methodological difficulties exist. Subnational climate-expenditure tracking is essential for assessing the financial role of subnational governments in the transition in light of global, national and subnational climate objectives.